ODDITY Tech (NASDAQ:ODD) Downgraded to Hold Rating by Zacks Research

Zacks Research lowered shares of ODDITY Tech (NASDAQ:ODD) from a strong-buy rating to a hold rating in a report issued on Tuesday,Zacks.com reports.

Other analysts also recently issued research reports about the company. Barclays lowered their price objective on ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating for the company in a research report on Friday, November 21st. Morgan Stanley decreased their target price on shares of ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Friday, November 21st. Wall Street Zen upgraded shares of ODDITY Tech from a “sell” rating to a “hold” rating in a report on Sunday, November 30th. Needham & Company LLC reissued a “buy” rating and set a $72.00 price target on shares of ODDITY Tech in a research report on Thursday, November 20th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating on the stock in a research report on Friday, December 12th. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $64.40.

ODDITY Tech Stock Performance

NASDAQ ODD opened at $29.17 on Tuesday. The company has a 50-day simple moving average of $37.72 and a two-hundred day simple moving average of $48.44. ODDITY Tech has a 12-month low of $28.16 and a 12-month high of $79.18. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 1.21 and a beta of 3.18. The company has a quick ratio of 6.42, a current ratio of 7.54 and a debt-to-equity ratio of 1.53.

ODDITY Tech (NASDAQ:ODD) last released its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. The firm had revenue of $147.90 million for the quarter, compared to the consensus estimate of $145.44 million. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The company’s quarterly revenue was up 24.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.32 earnings per share. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. On average, equities analysts forecast that ODDITY Tech will post 1.62 EPS for the current year.

Institutional Trading of ODDITY Tech

Several large investors have recently added to or reduced their stakes in ODD. Baillie Gifford & Co. increased its position in ODDITY Tech by 17.8% during the 4th quarter. Baillie Gifford & Co. now owns 7,122,641 shares of the company’s stock valued at $286,188,000 after purchasing an additional 1,076,921 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of ODDITY Tech by 8,711.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 835,315 shares of the company’s stock valued at $63,041,000 after purchasing an additional 825,835 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of ODDITY Tech by 507.8% during the second quarter. Acadian Asset Management LLC now owns 821,759 shares of the company’s stock valued at $61,984,000 after buying an additional 686,549 shares during the period. JPMorgan Chase & Co. increased its position in shares of ODDITY Tech by 378.5% during the second quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock valued at $50,695,000 after buying an additional 531,334 shares during the period. Finally, Wellington Management Group LLP bought a new position in ODDITY Tech in the third quarter worth about $27,838,000. Institutional investors own 35.88% of the company’s stock.

About ODDITY Tech

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.